News

Egyptian Prime Minister Mostafa Madbouly witnessed the signing of a contract to establish an electric battery manufacturing plant in Egypt through a partnership between Egyptian battery manufacturer BME and China’s Contemporary Amperex Technology Co. Limited (CATL), one of the world’s largest electric battery manufacturers. The agreement was signed by Maged…

Egyptian President Abdel Fattah Al-Sisi said Egypt aims to increase bilateral trade with India to $12bn and attract more Indian investment in manufacturing, technology, clean energy, and the automotive industry, while separately urging Iran to help halt regional escalation and attacks on Arab states. Al-Sisi made the remarks during meetings…

The Egyptian Competition Authority (ECA) has approved seven applications involving mergers, acquisitions, and joint ventures as part of its review of economic concentration transactions. The approvals include the proposed acquisition by Indo Suez for General Trading of a 51% stake in Fanar Foods. The authority also approved the indirect acquisition…

Italian Exhibition Group (IEG) is set to expand the international scope of Ecomondo in 2026, with the 29th edition of the green, blue and circular economy event scheduled to take place from 3 to 6 November at the Rimini Expo Centre in Italy. The 2026 edition will introduce a revamped…

ABB Egypt has begun implementing a rooftop solar energy project across several of its factories in partnership with the Regional Center for Renewable Energy and Energy Efficiency (RCREEE), as part of efforts to reduce industrial carbon emissions and increase the use of renewable energy. The project has a total installed…

The Housing and Development Bank (HDB) has announced the appointment of Mohamed Gamil as Deputy CEO and Managing Director. The move reflects the bank’s strategy of attracting distinguished banking leaders with diverse expertise who can add value and contribute to achieving its objectives, while supporting its ambitious expansion and growth…

Egypt’s Ministry of Water Resources and Irrigation plans to use satellite imagery to monitor weed growth and canal-cleaning needs, install new telemetry stations in Fayoum, and complete the Tagin pumping station before the 2027 peak water-demand season. Water Resources and Irrigation Minister Hani Sewilam issued the directives during a review…

Financial Regulatory Authority (FRA) Chairperson Islam Azzam received Mark Bowman, Vice President for Policy and Partnerships at the European Bank for Reconstruction and Development (EBRD), and his accompanying delegation to discuss cooperation between the bank and Egyptian institutions to support development efforts and expand the EBRD’s investments and operations in…

Egypt’s Minister of Industry Khaled Hashem met with Mark Bowman, Vice President for Policy and Partnerships at the European Bank for Reconstruction and Development (EBRD), and Jacqui Powell, the bank’s Managing Director for the Corporate Sector, along with their accompanying delegation. The meeting focused on EBRD projects in Egypt and…

Breadfast Food expands the company’s growing ecosystem by bringing restaurant delivery into the Breadfast experience, advancing its vision to build Egypt’s leading everyday convenience platform.CAIRO, Egypt – 13.09.2026 Breadfast announces the official launch of Breadfast Food, following a successful beta period that saw strong customer adoption. The service expands Breadfast’s…